Publications

March 2010
Article

The Evolution of Corporate Ownership after IPO: The Impact of Investor Protection

By: C. Fritz Foley and Robin Greenwood

We use firm-level data from 34 countries covering the 1995-2006 period to analyze how the characteristics of public markets shape the process by which firms become widely held. Firms in all countries in the sample tend to have concentrated ownership at the time they go... View Details

Keywords: Blockholding; Float; Shareholder Rights; Investor Protection; Ownership; Financial Liquidity; Business History; Market Timing; Going Public; Business and Government Relations; Business and Shareholder Relations

October 2009 (Revised January 2014)
Teaching Note

Sustainability at Millipore (TN)

By: Michael W. Toffel

Teaching Note for [610012]. View Details

Keywords: Environmental Sustainability; Organizational Structure; Investment; Projects; Performance Improvement; Framework; Measurement and Metrics; Corporate Disclosure; Biotechnology Industry

01 Sep 2011
News

Student Trio Advance Health Payment Reform

Related Links Read about other efforts in healthcare delivery Three HBS students spent much of the last academic year helping a leading Boston hospital answer one of the most important questions in health-care management: how to create a new payment system that saves... View Details

Keywords: bundling; Health, Social Assistance

25 Sep 2012
First Look

First Look: September 25

framework for understanding the links between manufacturing and innovation that will enable them to make better outsourcing decisions. They also detail how government must change its support of basic and applied scientific research and... View Details

Keywords: Sean Silverthorne

17 Mar 2008
Research & Ideas

The Lessons of Business History: A Handbook

countries rather than addressing analytical issues, such as why firms grow big. Moreover, whilst English may be triumphant in the world of business, in the world of business history, scholars still write in local languages. There is a... View Details

Keywords: by Sean Silverthorne

16 Dec 2016
News

An Environmental Epiphany

was asked to take a posting in Bulgaria. And Searl came along and found herself, relatively quickly, leading the local office of the Bulgarian American Enterprise Funds, which was a private equity fund set up by the US government, to help... View Details

04 Jun 2024
Blog Post

Finding Alignment to Make Impact: Layla Ramirez (MBA 2017)

some of the most prominent law firms. Through Boston Lawyers Group, she identified potential firms and legal internships to get exposure to the sector and pressure test her interests. Yet, as she explored undergraduate courses and majors, it was Economics instead of a... View Details

Keywords: All Industries

09 Apr 2024
Blog Post

IFC India: JSW Steel

in India: while some decarbonization technologies exist for steel production, most are prohibitively expensive relative to the current market prices for steel, and green steel has small demand, especially in Asia. Since the Government of... View Details

June 2001 (Revised July 2001)
Case

Amazon.com in the Year 2000

By: Krishna G. Palepu and Jeremy Cott

An analyst's critique of Amazon's prospectus from the perspective of its bond holders. View Details

Keywords: Bonds; Accounting Audits; Financial Reporting; Governing and Advisory Boards; Internet and the Web; Forecasting and Prediction; Retail Industry

January 2024
Case

Net Zero Insurance Alliance: An Alliance in Crisis

By: Peter Tufano and Karina Val

The Net Zero Insurance Alliance (NZIA), a UN-convened alliance of major global insurers, was formed in 2021, but by 2023 had lost over 60% of its members. While NZIA had enjoyed a rapid and productive start by setting standards for the industry and sharing best... View Details

Keywords: Climate Change; Insurance; Standards; Alliances; Business and Government Relations; Cooperation; Insurance Industry

04 Dec 2012
Research & Ideas

Book Excerpt: Harder Than I Thought

East Coast finance industry pay scales, you have to pay what the market will bear if you want the talent-yada, yada, blah, blah, yada, yada, blah, blah.Yeah, I get all that. But here's what I'm wondering (and I bet I'm not alone): All... View Details

Keywords: by Robert D. Austin, Richard L. Nolan & Shannon O'Donnell; Aerospace

08 Sep 2010
First Look

First Look: September 8, 2010

characteristics and fixed effects. Download the paper: http://papers.nber.org/papers/w16294 Law and Finance c. 1900 Authors:Aldo Musacchio Abstract How persistent are the effects of legal institutions adopted or inherited in the distant... View Details

Keywords: Sean Silverthorne

December 1989 (Revised April 1997)
Case

Destin Brass Products Co.

By: William J. Bruns Jr.

A specialized manufacturer of brass valves, pumps, and flow controllers is troubled by competitive pricing in pumps and higher than expected margins for flow controllers. Managers suspect that cost accounting and cost allocations to products may be to blame. Two... View Details

Keywords: Cost Accounting; Activity Based Costing and Management; Five Forces Framework; Customer Value and Value Chain; Competition; Business Strategy; Design; Inflation and Deflation; Asset Pricing; Governance Controls; Manufacturing Industry

01 Dec 2009
News

The Fab Four

starting a business .” Todd Krasnow (MBA ’83), an EiR from 2006 to 2007, describes the year as “all the fun of being on the HBS faculty without the heavy lifting.” He held brown-bag lunches, sat in on classes, and coauthored a case with Roberts and Sahlman on View Details

Keywords: Julia Hanna; contests; Technical and Trade Schools; Educational Services; Data Processing, Hosting, and Related Services; Information; News, Library, Internet, and Other Services; Information; Fabricated Metal Product Manufacturing; Manufacturing

25 Jul 2017
First Look

First Look at New Research and Ideas: July 25, 2017

all) available seats. Boston’s school choice system, for example, reserved half of each school’s seats for local neighborhood applicants while leaving the other half for open competition. This paper shows that in the presence of reserves,... View Details

Keywords: Carmen Nobel

12 Feb 2001
Research & Ideas

Creating Value Across Borders

Europe and Africa because property rights are more difficult to enforce there. —Walter Kuemmerle The first difference is the development of capital markets and the transparency of these markets. In countries where family-owned conglomerates are the main source of View Details

Keywords: by Staff

March 2010 (Revised December 2010)
Case

Danatbank

By: David A. Moss, Cole Bolton and Andrew Novo

In the summer of 1931, Germany was struggling with a deepening economic crisis. Production had fallen, unemployment was high, and bank deposits and gold were being withdrawn from the country at a rapid pace, threatening the value of the German mark. The country's third... View Details

Keywords: History; Risk Management; Business History; Capital Markets; Financial Crisis; Banks and Banking; Business and Government Relations; Banking Industry; Germany

November 2000 (Revised January 2003)
Case

Yahoo!'s Stock-Based Compensation

By: Paul M. Healy and Jacob Cohen

Amy Maislos, an investor in Internet and technology companies, was excited to read that Yahoo! had reported a positive net income for 1998 operations. During the late 1990s, stock prices of Internet companies had risen rapidly even though most companies were reporting... View Details

Keywords: Stock Options; Internet and the Web; Financial Statements; Corporate Disclosure; Business Earnings; Earnings Management; Information Technology Industry